Sun. Sep 20th, 2020

International Tractors – PNB financing farmers

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Sonalika International, one of India’s leading tractor manufacturers attempts to mechanise the farming in India signing an agreement with Punjab National Bank, which in itself is a pioneer in agricultural credit, for augmenting tractors, agricultural implements financing to the farmers across the country.

The organisation will offer an incentive of Rs 6000 to the farmers financed by PNB. In addition to this, the organisation will offer first year subscription of Rs 800 on behalf of the tractor borrower who opt to become members under PNB Farmers’ Welfare Fund Scheme.

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